Express
Data: 70% of Traders on Polymarket Platform Incur Losses, Top 0.04% Addresses Reap 70% Profits
Summary: According to CryptoNews, blockchain analytics firm DeFi Oasis' data reveals that approximately 70% of the 1.7 million trading addresses on Polymarket have incurred losses, while only 30% have made profits. The investigation shows that less than 0.04% of addresses have garnered over 70% of the total realized profits, amounting to a total of $3.7 billion. ...
According to CryptoNews, blockchain analytics firm DeFi Oasis' data reveals that approximately 70% of the 1.7 million trading addresses on Polymarket have incurred losses, while only 30% have made profits. The investigation shows that less than 0.04% of addresses have garnered over 70% of the total realized profits, amounting to a total of $3.7 billion. The most profitable traders received returns between $0 and $1000, accounting for 24.56% of all addresses but only 0.86% of total profits. Earning bonuses exceeding $1000 requires being among the top 4.9% of participants.
Tags:
Link: Data: 70% of Traders on Polymarket Platform Incur Losses, Top 0.04% Addresses Reap 70% Profits [Copy]
